Hello everybody!🧑🏻🚀 Today I want to tell you about 5 most important bullish indicators that should raise the price of BTC and the entire crypto market by more than 50% over the next couple of months.
✅ All 3 moving averages lie below the price level on the daily timeframe. This is a very powerful indicator that speaks in favor of further growth. ✅On the weekly timeframe, the 21-day moving average is also below the BTC price. Every time this happened in the history of bitcoin, it indicated the beginning of a long rise. ✅ Sopr on-Chain transaction indicator. This is an abbreviation that decrypte as Spent/Output profir ratio. Every time this indicator was above 1, we entered the growth phase and were in it for a long time. If you want to learn more about this indicator, you can Google it. ✅ Soon will be halving! Bitcoin halving is a powerful fundamental indicator of price growth that keeps bitcoin inflation and stimulates price growing. Many thanks to the Satoshi Nakamoto team for their invention!
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There requires a lower low that is more significant but we are in some huge formations that are macro so a break here can go up huge. 4k up move is not unreasonable. On Chain analytics - follow Willy Woo. Indicators like that can be gamed, they can hold while the price dips huge ... so trade safely.
Fandorinn
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@sandog, Thats true. Willy Woo cool man, see him at Tony's all the time)